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Working through the Shutdown: The CPI Report 10/24/25

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Manage episode 515407049 series 2876548
Content provided by CNBC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Well over 3 weeks into the government shutdown, economists are eager for federal metrics that help paint a picture of our nation’s economy. To that end, the Labor Department brought back some workers from the Bureau of Labor Statistics to release the Consumer Price Index, or CPI. 10 days late, CNBC’s Rick Santelli, Nomura’s David Seif and Richard Bernstein Advisors’s Michael Contopoulos dig into the numbers and what they mean for the data-driven Federal Reserve. It’s the second-longest shutdown in U.S. history, and lawmakers like House Minority Leader Hakeem Jeffries (D-New York) and Senator James Lankford (R-Oklahoma) are standing firm on their respective sides of the standoff. Both explain their perspectives on how the country can move forward. Plus, Target announced it would be laying off about 8% of its corporate workforce, and President Trump says he’s halted trade negotiations with Canada over an Ontario ad featuring President Ronald Reagan criticizing tariffs.

Rick Santelli - 17:09

David Seif & Michael Contopoulos - 19:29

Sen. James Lankford - 21:47

Rep. Hakeem Jeffries - 38:26

In this episode:

James Lankford, @SenatorLankford

Hakeem Jeffries, @RepJeffries

Rick Santelli, @RickSantelli

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  continue reading

1756 episodes

Artwork
iconShare
 
Manage episode 515407049 series 2876548
Content provided by CNBC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CNBC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Well over 3 weeks into the government shutdown, economists are eager for federal metrics that help paint a picture of our nation’s economy. To that end, the Labor Department brought back some workers from the Bureau of Labor Statistics to release the Consumer Price Index, or CPI. 10 days late, CNBC’s Rick Santelli, Nomura’s David Seif and Richard Bernstein Advisors’s Michael Contopoulos dig into the numbers and what they mean for the data-driven Federal Reserve. It’s the second-longest shutdown in U.S. history, and lawmakers like House Minority Leader Hakeem Jeffries (D-New York) and Senator James Lankford (R-Oklahoma) are standing firm on their respective sides of the standoff. Both explain their perspectives on how the country can move forward. Plus, Target announced it would be laying off about 8% of its corporate workforce, and President Trump says he’s halted trade negotiations with Canada over an Ontario ad featuring President Ronald Reagan criticizing tariffs.

Rick Santelli - 17:09

David Seif & Michael Contopoulos - 19:29

Sen. James Lankford - 21:47

Rep. Hakeem Jeffries - 38:26

In this episode:

James Lankford, @SenatorLankford

Hakeem Jeffries, @RepJeffries

Rick Santelli, @RickSantelli

Joe Kernen, @JoeSquawk

Becky Quick, @BeckyQuick

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

  continue reading

1756 episodes

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